Dinesh Kamath's Editorial 'India and UK come closer to each other' that was published in Newsband

India and UK come closer to each other

It is clear that India and the U.K. are coming closer and closer to each other. They are two pillars of the Commonwealth, sharing democratic values and a world view on many political issues including terrorism. There is a huge Indian community that has settled in Britain. India is the third largest investor in the U.K., and the U.K. is the largest G20 investor in India.

After taking over as Prime Minister of the U.K., Theresa May chose to visit India first. Her visit to India was seen as a way of exploring a trade path outside of the EU. The two MoUs were signed in the presence of Prime Minister Narendra Modi and Ms. May, on improving the ease of doing business and on intellectual property rights. The two MoUs are essential for the people of India and the UK. It is the way by which general people will participate in country's economy.

What made interesting news is Theresa May’s visit to a temple in a sari. Countries like the UK need India for trade,

Besides the U.K., countries like the USA, Japan, and France will also be more important to assist India's growth as a major power. The visit of Theresa May only highlights the realities of today's world order.

India is a largest investor in UK. While both the nations are working towards closer ties economically and politically, much remains to be done in the field of trade and commerce. The exports and imports position has not been very satisfactory. There are many obstacles in free trade.

Both India and UK would have to work on their strengths and needs. UK needs to recover completely from the "recessionary" conditions, and that would need much human resources and further Britain could gain by having skilled human resources from India for developments that add values to local resources. India needs Technology to improve its Resources value additions. While Britain could take advantage of Indian skilled labor, India needs to have partnerships for Technology developments. Mere "businesses" cannot help India's long term Growth needs. We need TECHNOLOGY as the most important Thrust for development.